Volvo Car India to launch S80 sedan and XC90 SUV

Volvo Car India to launch S80 sedan and XC90 SUV

Swedish automaker Volvo has announced that they are establishing a wholly owned subsidiary here in the Indian market named Volvo Car India.

The company also announced their plans to import and market two of their most popular products S80 sedan and the XC90 SUV.

Volvo is already working on getting these two models homologated and hopes to start selling them within this year itself.

Market sources claim that the Volvo S80 sedan is expected to cost around Rs 35 lakh. The XC90 sedan is likely to be priced even higher considering these two are going to be imported into the country.

Paul de Voijs, managing director, Volvo Car India said in a statement on their plans: “We are not considering assembly of vehicles in India at this point. But if and when we do consider importing CKD units and assembling cars here, we could consider using the manufacturing facility our parent company.”

Market experts have said that the company is doing it right by not focusing on launching their smaller cars in the country at the moment. One analyst was quoted as saying to the media: “Volvo is more popular for its premium vehicles as compared to small cars. Besides, small cars Volvo makes will be very expensive by Indian standards.”